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India — General government deficit (% of GDP)

% of GDP · Annual · 1861–2031 · 150 observations

About this series

The general government deficit series records the period's fiscal balance under the source's accounting and sign convention. A deficit indicates a shortfall; the series is a flow, not a debt stock. This series expresses that measure as a percentage of GDP for the matching period.

The general government deficit reading for India was −7.44% of GDP in 2025. The previous reading was −7.85% of GDP in 2024; the period change was +0.41 percentage points. Relative to the selected 10-year average of −8.36% of GDP, the latest reading was above.

-15-10-505186120102031% of GDPSubscribe to view

Get the full series

  • Annual data, 1861–2031
  • All 5 sources, downloadable

Latest observations

2002–2031

PeriodValue
2031-6.55 % of GDP
2030-6.74 % of GDP
2029-6.91 % of GDP
2028-7.11 % of GDP
2027-7.31 % of GDP
15 earlier values
2026-7.41 % of GDP
2025-7.44 % of GDP
2024-7.85 % of GDP
2023-8.37 % of GDP
2022-9.23 % of GDP
2021-9.7 % of GDP
2020-13.2 % of GDP
2019-7.86 % of GDP
2018-6.46 % of GDP
2017-6.33 % of GDP
2016-7.21 % of GDP
2015-7.28 % of GDP
2014-6.9 % of GDP
2013-6.78 % of GDP
2012-7.32 % of GDP

Values before 2012, back to 2002, are on the chart — hover to read them.

Data release 2026_10_06_0823, published 6 Oct 2026.